Zk International Stock Financials

ZKIN
 Stock
  

USD 0.95  0.08  7.77%   

We were able to collect and analyze data for twenty-nine available financial indicators for Zk International, which can be compared to its peers in the sector. To ensure the equity is not overpriced, please check out all Zk International Group financials, including its shares owned by insiders, cash and equivalents, beta, as well as the relationship between the price to sales and book value per share . Given that Zk International is a hitting penny stock territory we urge to closely look at its shares owned by institutions. Use Zk International to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Zk International to be traded at $0.9025 in 90 days.
  
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With this module, you can analyze Zk International financials for your investing period. You should be able to track the changes in Zk International individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Zk International Most Recent Estimates

Quarterly Earnings Growth YOY
-0.98
Diluted Eps
-0.17
Earnings Share
-0.17
Understanding current and past Zk International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zk International's financial statements are interrelated, with each one affecting the others. For example, an increase in Zk International's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 77
Zk International Group has more than 77 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Zk International stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Zk International's official financial statements usually reflect Zk International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Zk International. For example, before you start analyzing numbers published by Zk International accountants, it's critical to develop an understanding of what Zk International's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Zk International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zk International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Zk International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zk International Group. Please utilize our Beneish M Score to check the likelihood of Zk International's management to manipulate its earnings.

Zk International Company Summary

Zk International competes with Nucor Corp, Arcelormittal ADR, and Reliance Steel. ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the Peoples Republic of China. ZK International Group Co., Ltd. was incorporated in 2015 and is based in Wenzhou, the Peoples Republic of China. Zk International operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 271 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business AddressNo 678 Dingxiang
SectorBasic Materials
IndustrySteel
BenchmarkDOW
Websitewww.zkinternationalgroup.com
Phone86 577 8685 2999
CurrencyUSD - US Dollar
You should never invest in Zk International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zk International Stock, because this is throwing your money away. Analyzing the key information contained in Zk International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Zk International Key Financial Ratios

Generally speaking, Zk International's financial ratios allow both analysts and investors to convert raw data from Zk International's financial statements into concise, actionable information that can be used to evaluate the performance of Zk International over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zk International reports annually and quarterly.

Zk International Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zk International's current stock value. Our valuation model uses many indicators to compare Zk International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zk International competition to find correlations between indicators driving Zk International's intrinsic value. More Info.
Zk International Group is rated fourth in shares owned by institutions category among related companies. It is rated fourth in ebitda category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zk International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zk International's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zk International's earnings, one of the primary drivers of an investment's value.

Zk International Systematic Risk

Zk International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zk International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Zk International correlated with the market. If Beta is less than 0 Zk International generally moves in the opposite direction as compared to the market. If Zk International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zk International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zk International is generally in the same direction as the market. If Beta > 1 Zk International moves generally in the same direction as, but more than the movement of the benchmark.
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About Zk International Financials

What exactly are Zk International Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Zk International's income statement, its balance sheet, and the statement of cash flows. Potential Zk International investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Zk International investors may use each financial statement separately, they are all related. The changes in Zk International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zk International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Zk International is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Zk International grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Zk International July 4, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zk International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zk International Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zk International Group based on widely used predictive technical indicators. In general, we focus on analyzing Zk International Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zk International's daily price indicators and compare them against related drivers.
Information Ratio(0.034571)
Maximum Drawdown23.19
Value At Risk(8.85)
Potential Upside6.77
Check out Your Current Watchlist. Note that the Zk International information on this page should be used as a complementary analysis to other Zk International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Zk International price analysis, check to measure Zk International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zk International is operating at the current time. Most of Zk International's value examination focuses on studying past and present price action to predict the probability of Zk International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Zk International's price. Additionally, you may evaluate how the addition of Zk International to your portfolios can decrease your overall portfolio volatility.
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Is Zk International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zk International. If investors know Zk International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zk International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.98
Market Capitalization
27.6 M
Quarterly Revenue Growth YOY
0.23
Return On Assets
-0.0208
Return On Equity
-0.0566
The market value of Zk International is measured differently than its book value, which is the value of Zk International that is recorded on the company's balance sheet. Investors also form their own opinion of Zk International's value that differs from its market value or its book value, called intrinsic value, which is Zk International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zk International's market value can be influenced by many factors that don't directly affect Zk International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zk International's value and its price as these two are different measures arrived at by different means. Investors typically determine Zk International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zk International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.